When foreign investors in Thailand began to realize that Thailand could not maintain its peg to the dollar indefinitely, they began to ________ in Thailand and exchange ________. This change in investment by foreigners is termed capital flight
A) purchase more investments; dollars for baht to purchase these investments
B) sell off their investments; the dollars they received for baht
C) purchase more investments; baht for dollars to purchase these investments
D) sell off their investments; the baht they received for dollars
D
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Suppose real GDP grows at 7 percent per year and the population grows at 2 percent per year. How many years will it take for real GDP and real GDP per person to double?
What will be an ideal response?
Firms need to know the shape of a demand curve to use marginal analysis.
Answer the following statement true (T) or false (F)
If people took external costs like pollution into consideration, they would on net:
A. consume a socially non-optimal amount of the goods causing the externalities. B. not change their behavior to consume more or less of the goods causing externalities. C. consume more of the goods causing these externalities. D. consume less of the goods causing these externalities.
The United States economy in the mid-2000 . did not experience stagflation because
a. energy prices declined. b. the energy content of GDP declined. c. the U.S. economy became more volatile since 1980. d. all of the above.